Marathon Digital Holdings Inc. (NASDAQ:MARA) shares were trading lower Tuesday after the cryptocurrency market dropped lower. Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC) led the market, both dropping lower by a significant percentage.
Marathon Digital was down 9.05% at $39.48 at last check Tuesday afternoon.
Marathon Digital Daily Chart Analysis
Shares look to have broken out of what technical traders call a pennant pattern and are cooling off, possibly beginning to consolidate. The price was condensed in the pattern until it broke out and pushed higher, now possibly....More>>>